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February Regulatory and Legislative Update

This edition of the “Government Contracts Regulatory and Legislative Update” offers a summary of and insight into the relevant industry developments that occurred during the month of February....more

SBA Proposes PPP Loan Necessity Questionnaire

On October 26, 2020, the U.S. Small Business Administration (SBA) issued a notice that it is seeking approval from the Office of Management and Budget (OMB) to collect and use certain borrower information to evaluate the...more

Congress Moves on Flexibility Act in Latest Paycheck Protection Program Development

On May 28, 2020, the U.S. House passed the Paycheck Protection Program (PPP) Flexibility Act with strong bipartisan support. This bill provides new flexibility to PPP borrowers in several key requirements: • Borrowers can...more

Latest Developments on Paycheck Protection Program “Certification”

The Department of the Treasury released on May 13, 2020 FAQs No. 46 and No. 47 related to the requirement that Paycheck Protection Program (PPP) borrowers certify in good faith that “[c]urrent economic uncertainty makes this...more

Opportunities For Small Businesses Through The Federal Stimulus Bill And Current SBA Loan Program

Small businesses will soon have a new option for aid following the enactment on March 27, 2020, of the Coronavirus Aid, Relief and Economic Security (CARES) Act. One Small Business Administration (SBA) lending program was...more

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